I was buying a business from a friend that I knew, (I described it on my last post).
So I was provided the company's extract from ASIC, and he turns out to be no one inside the company (not one of the company directors, nor a shareholder as he claimed he owned half of the company), and now he holds my money, and he denied or refuse to give it back.
Is this counted as a civil fraud or criminal fraud? Is it a fraudulent misrepresentation? Can I report him to police?
Thanks
So I was provided the company's extract from ASIC, and he turns out to be no one inside the company (not one of the company directors, nor a shareholder as he claimed he owned half of the company), and now he holds my money, and he denied or refuse to give it back.
Is this counted as a civil fraud or criminal fraud? Is it a fraudulent misrepresentation? Can I report him to police?
Thanks